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Technology Stocks : Creative Labs (CREAF) -- Ignore unavailable to you. Want to Upgrade?

To: Dennis G. who wrote (13156)	12/18/1998 8:39:00 AM
From: Justin Pressley	Respond to of 13925

Stock Options .. It says CREAF wants to amend some things to make them no longer have to follow SES rules, one of which is a mandate to make 10% of stock outstanding available for options. Nasdaq rules, or more US companies usually make 25% of stock outstanding available for options and that is the vote. And also the total # of shares to be made available is 7,500,000. And no one could be granted more than 1.5% of the number of shares outstanding. I agree that you've got to keep employees happy, and letting them own a piece of the company will make them work harder to make the company more $ and their own stock to rise. JP